Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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WARNING: Negative equity ‘a real risk’ for thousands of homeowners
Report from The Resolution Foundation shows hundreds of thousands of people could face the prospect of losing their home as high mortgage rates and falling prices bite.
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Huge demand for rentals stretching agents to limit, says tech boss
Demand for rental homes in the UK is up by almost a quarter in a year as rents hit record high and competition amongst wannabe tenants intensifies.
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Rising rents slowing exodus of landlords from market, says Hamptons
More landlords are buying properties but figures overall are still down year-on-year as Government policies sting sector.
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Rightmove data prompts market shock as house prices plummet
House prices fall as some movers wait for calmer 2023 with higher mortgage rates dampening buyer demand but more normal activity expected later in 2023.
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Group in charge of selling reform reveals ‘upfront information’ changes
The Home Buying & Selling Group has started to roll out its Property Data Trust Framework to the public and wants the industry to adopt common standards.
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Strong demand for rental homes will bring with it the rogues – warning
Snap poll of landlords reveals the fear that the worsening rental housing shortage will attract bad landlords to the PRS.
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Minister admits rental sector has shrunk by 260,000 households since 2016
Felicity Buchanan reveals shocking figure in candid letter to fellow MPs on state of the lettings market.
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Estate agents’ big New Year wish? To see interest rates falling
Poll of property professionals sees nearly two-thirds putting falling rates at the top of their wish list.
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Housing market ‘not facing Armageddon’ says leading researcher
Research firm says difficult times are coming but figures don’t signal disaster for housing market.
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Government abandons long-held UK target to build 300,000 a year
High political drama in parliament as rebelling MPs force Secretary of State to ditch house building figures.
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